Viking Sports is a manufacturer of sportswear. It produces all of its products in one department. The

information for the current month is as follows:

Beginning work in process 10,000 units

Units started 40,000 units

Units completed 35,000 units

Ending work in process ?

Spoilage 3,000 units

Beginning work-in-process direct materials $12,000

Beginning work-in-process cost 15,000

Direct materials added during month $90,000

Conversion costs added during the month 86,430

Beginning work in process was half complete as to conversion. Direct materials are added at the

beginning of the process. Ending work in process was 60% complete. All spoilage is normal and quality inspection is done at end of the process.

Required:

-Prepare a production cost worksheet

-Determine the following:

a. Units to be Accounted

b. Units Accounted For

c. EUP for Materials

d. EUP for Conversion cost

e. Total Costs to be Accounted

f. Cost per equivalent unit for Materials

g. Cost per equivalent unit for conversion

h. cost of units transferred out

i. Cost of ending work in process

j. Journal entry to record transferred of goods produced and completed.

THANK YOU!